Ryan Sean Adams (rsa.eth)
@rsa.eth
People are way too glum about lack of crypto adoption. We've actually come a long way in a short time. Let me share our story. We're a media company with a simple business model - subscriptions and sponsorships. We now run 70% of Bankless onchain and i actually love it. That's up from probably 20% when we started. THINGS WE DO IN CRYPTO Ethereum is our primary bank. Safe is our bank vault - access controls, limits. I can't understate how much safe has improved over the past few years - 10x better than any bank interface. Etherscan for bank statements - all our balances - all our transactions - I can't understate the value of etherscan - we've been DAUs since forever Metamask, Rabby, Uniswap wallet as our checkbooks - our finance ppl use these to sign transactions from our vault or make payments USDC for cash - we pay salaries, bills, and taxes in fiat so keep short-term treasury in stablecoins [Continued in thread]
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Maretus
@maretus
This is awesome dude! Thank you so much for the deep dive into your business. I am definitely bookmarking this one. I completely agree that the tools to go bankless are really good now. I am essentially without a bank already besides for direct deposits from work, which are immediately converted to crypto anyway. On top of this, we are starting to see a lot of onchain tools that regular people can use - such as /hypersub - which is helping me build an onchain business right now. When other creators find out that they can keep the majority of their subscription revenue and do so in a trustless way, I think we are going to see a wave of new creators adopting crypto as a tool.
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